July 2012
German offices see prime rents rise as vacancy rates fall
26 July 2012
According to research by Savills, sustained demand for space in Germany’s six main office markets of Berlin, Dϋsseldorf, Frankfurt, Hamburg, Cologne and Munich combined with low development completion levels in the first half of 2012 pushed the average vacancy rate down to 9.3% in H1 2012, from 10.4% in H1 2011.
Ireland’s Clare Inn Hotel sells for €2.1 million
23 July 2012
Savills has represented receiver Grant Thornton on the sale of Clare Inn Hotel, near Limerick, for €2.1m to Dromoland Castle.
Dublin’s prime retail market stable as occupancy hits 100% on Henry/Mary Street
18 July 2012
According to Savills latest report on Dublin’s prime retail locations of Henry/Mary and Grafton Streets, the Irish capital is experiencing continued stability with occupancy levels reaching 100% on Henry/Mary Street and 98% on Grafton Street.
Italian fashion company Calzedonia takes German HQ in Düsseldorf
17 July 2012
Italian fashion label Calzedonia SPA, advised by Savills, has strengthened its presence in Germany with the acquisition of 400 sq m of office space at Neuer Zollhof 3, in Düsseldorf’s harbour district from a Norwegian fund landlord.
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